How do you believe former President Hoover would respond to FDR's inauguration speech?

President Hoover would have responded that President Roosevelt had inaccurate ideas of what caused the Great Depression and what was needed to deal with the impact of the Great Depression. President Hoover was a strong supporter of big business. He would have stated that the bankers and the stockbrokers, whom Roosevelt called money changers, had tried to do what they felt was best for the economy. These people, Hoover would have responded, were not motivated by greed and by personal profit at the expense of the American people.
President Hoover also would have disagreed that the government should be actively involved in trying to deal with ending the Great Depression. Hoover believed in a laissez-faire philosophy, in which the government would play a limited role in economic matters. Hoover would have pointed out that some of the programs that he initiated, such as the Reconstruction Finance Corporation and the Emergency Relief and Construction Act, did little to ease the impact of the Great Depression. He would have stated that more government involvement, as Roosevelt was proposing, wouldn’t have helped to ease the impact of the Great Depression.
https://www.presidency.ucsb.edu/documents/inaugural-address-8